Size Matters For Credit Ratings
Long-term corporate bond credit ratings deteriorate markedly or even disappear as market capitalization declines. However, none of the patterns by size or economic sector are unexpected and no evidence exists of funding deprivation for smaller and faster-growing firms.
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Market Facts — January 3, 2007
Size Matters For Credit Ratings Long-term corporate bond credit ratings deteriorate markedly or even disappear as market capitalization declines. However, none of the patterns by size or economic sector are unexpected and no evidence exists of funding deprivation for smaller and faster-growing firms.